cash

According to official news, Gate will launch a flash exchange scratch card event from May 26 at 18:00 to June 2 at 18:00 (UTC+8). During the event, users can initiate a flash exchange transaction for as low as $1, enjoy a 0 fee rapid exchange experience, and participate in a lottery to unlock popular meme coins, ETH fragments, and a cash reward of up to 500 USDT. The prize pool will be updated daily at 08:00 (UTC+8), and the number of rewards is limited, available on a first-come, first-served basis. Additionally, users who complete ≥100 USDT flash exchanges and participate in the lottery during the event will have a chance to become a "super lucky fish" and randomly receive a cash reward of 500 USDT.Furthermore, Gate will launch a flash exchange exclusive event for new users from May 28 at 08:00 to May 29 at 07:59 (UTC+8). New users who complete designated flash exchange transaction tasks can receive a cash reward of 2 USDT and a blind box reward of up to 500 USDT.

Block's payment application Cash App now supports users in sending and receiving USDC stablecoins issued by Circle on Ethereum, Solana, Polygon, and Arbitrum, with no fees currently charged for related transfers.The stablecoins received by Cash App will be automatically converted to a dollar balance. This feature is not yet available to customers in New York State, and users must complete identity verification and are subject to transaction limits.Block has previously focused on Bitcoin, including the development of mining hardware and the self-custody wallet BitKey; Jack Dorsey stated earlier this year that stablecoins represent "a shift from one gatekeeper to another," while acknowledging the growing customer demand.

According to CoinDesk, Block's Cash App is gradually rolling out stablecoin payment features to its nearly 60 million users. According to insiders, this feature currently covers about 25% of users and is planned to be fully available to 100% of users within this week.The core feature launched supports users to deposit and withdraw using USDC, allowing for free transfer of funds between external wallets and Cash App balances, and using stablecoins as a payment settlement tool rather than an investment product. It currently supports transactions across four blockchain networks, including Solana, Ethereum, Polygon, and Arbitrum. Due to the irreversibility of on-chain transactions, sending to incorrect addresses or unsupported networks will result in permanent loss of funds.Block CEO Jack Dorsey previously stated that although the company has a long-term preference for Bitcoin, the demand for stablecoins has prompted the company to adjust its strategy.

According to the official announcement from BitMine Immersion Technologies, as of May 25, 2026, BMNR holds 5,390,404 ETH (average price of $2,134), accounting for 4.47% of the total ETH supply, with 89% completion towards the "5% Alchemy" target. The company's total cryptocurrency assets, cash, and "Moonshot" holdings amount to $12.3 billion, with cash at $444 million. In terms of staking, BMNR has staked 4.71 million ETH (approximately $10.1 billion), with expected annual staking returns of $276 million (7-day annualized yield of 2.75%).

Arthur Hayes stated that as large tech companies, governments, and AI continue to expand their surveillance capabilities, monetary privacy will "become very necessary" in the future.Arthur Hayes mentioned that this is also the reason he has chosen the privacy coin Zcash (ZEC) as his second-largest personal holding.

According to crypto analyst Yu Jin @EmberCN, in the past 11 hours, addresses associated with the ESPORTS project have continuously sold tokens on-chain, with a total of 253 million ESPORTS sold, accounting for 28% of the total token supply. Data shows that this batch of ESPORTS was first exchanged for approximately 26,000 BNB, and then further converted into 17.29 million USDT.Due to the ongoing sell-off, the price of ESPORTS has currently dropped about 95% from its peak, falling from $0.70 to around $0.035.

According to BBX data, the pressure from market regulation suddenly intensified over the weekend, and institutional-level crypto derivatives product lines expanded simultaneously. The core dynamics are as follows:On May 22, James Comer (Republican, Kentucky), Chairman of the House Oversight and Government Reform Committee, officially issued investigation letters to Kalshi (privately held) and Polymarket (privately held), initiating a formal congressional investigation into insider trading on prediction market platforms. The investigation focuses on two suspicious bets: one betting on the early capture of Venezuelan President Maduro, and another betting on the direction of the Iranian conflict. Both transactions recorded unusually large amounts just hours before the related events were made public. According to media reports, the Wisconsin Attorney General has recently listed Robinhood Markets, Inc. (NASDAQ: $HOOD), along with Kalshi, Polymarket, and Crypto.com, as defendants, accusing them of providing unlicensed sports betting services in Wisconsin. This is the latest escalation of the prediction market facing legal challenges in 13 states to congressional scrutiny. Both Kalshi and Polymarket stated their willingness to cooperate with the committee's investigation, asserting that their platforms have robust anti-insider trading mechanisms.On May 23, the U.S. Securities and Exchange Commission (SEC) officially approved a proposal submitted by Nasdaq, Inc. (NASDAQ: $NDAQ) to launch cash-settled Bitcoin index options on its Philadelphia Stock Exchange, which does not involve physical delivery of Bitcoin. This product will allow institutional investors to hedge or invest in Bitcoin price fluctuations through standardized options contracts, filling a market gap for cash-settled Bitcoin index derivatives on regulated exchanges in the U.S. The timing of the approval coincided with significant fluctuations in Bitcoin over the week (with a low of $74,500 and a high rebound to $77,800), reflecting the accelerating release of genuine demand for volatility management tools in the market.

JPMorgan's latest report points out that although tokenized money market funds have revenue potential, they still only account for about 5% of the broader "stablecoin system," and the core position of stablecoins in the crypto ecosystem is unlikely to be replaced in the short term.The report states that stablecoins have become the default "cash tool" for trading, collateral, settlement, cross-border payments, and liquidity management, widely used in centralized exchanges and DeFi protocols, while tokenized money market funds are constrained by their securities characteristics, subject to registration, disclosure, and transfer restrictions, resulting in structural regulatory disadvantages.Analysts at JPMorgan, led by Nikolaos Panigirtzoglou, expect that without significant changes in the regulatory environment, the market size of tokenized money market funds is unlikely to exceed 10% to 15% of the overall stablecoin market. Current demand is mainly concentrated among crypto-native investors seeking yield and institutional funds looking to balance on-chain settlement with traditional asset protection.The report also notes that although tokenized funds have advantages such as near real-time settlement, 24/7 transfers, and automated clearing, their growth is still constrained by liquidity, counterparty risk, and regulatory uncertainty. JPMorgan believes that in the absence of regulatory easing, these products will struggle to challenge the infrastructure-level position of stablecoins in the crypto market.

According to CertiK monitoring, the attacker of the cross-chain aggregation protocol Transit Finance has deposited 832.9 ETH into Tornado Cash, worth approximately 1.8 million dollars.

According to the Form 144 document recently disclosed by the U.S. Securities and Exchange Commission (SEC), Strategy Inc. Executive Vice President Andrew Kang acquired 5,597 shares of the company's Class A common stock on May 18 through the vesting of restricted stock. This batch of shares was sold on May 19 at an average price of $165.78 per share, with a total transaction value of approximately $927,866.The document notes that part of the proceeds from this sale will be used to pay tax obligations arising from the settlement of equity awards. The transaction was executed under the 10b5-1 trading plan adopted by Kang on May 2, 2024.According to SEC regulations, company insiders can disclose planned sales in advance through Form 144. Kang currently serves as the Executive Vice President of Strategy Inc.

The financial report for the first quarter of 2026 released by the Zcash Foundation shows that as of March 31, the foundation's total current assets were approximately $36.7 million, with net current assets around $36.68 million. This includes about $12.11 million in cash (USD), 506,556 USDC, 85,412 ZEC (approximately $21.2 million), 41.8 BTC (approximately $2.85 million), and 12.02 ETH (approximately $25,000).In addition, the foundation's average monthly operating expenses for the first quarter were approximately $272,500, with the Protocol / Zebra project accounting for the highest proportion at 50.4%. Zcash Foundation Executive Director Alex Bornstein stated that the focus for Q2 will continue to advance the NU7 upgrade, Z3 technology stack development, and Zebra performance optimization.

According to on-chain analysis platform Lookonchain (@lookonchain), an early Solana holder (Solana OG) who has staked SOL for over five years sold another 30,000 SOL 8 hours ago, cashing out approximately $2.56 million.This address staked a total of 991,079 SOL five years ago and has been gradually reducing its holdings since a year ago, having sold a total of 965,274 SOL to date, with a total cash out of approximately $137.66 million at an average price of $143. Currently, there are still 381,140 SOL (approximately $32.4 million) staked.

According to the official announcement, Gate will launch a VIP trading dividend event from May 18 at 18:00 to June 17 at 17:59 (UTC+8).During the event, users who participate in contract, TradFi CFD, and spot trading and meet the corresponding trading volume thresholds will receive exclusive VIP dividend shares. After the event ends, users at VIP5 level and above will share a cash prize pool of 100,000 based on the proportion of their held dividend shares.In addition, users who complete the specified trading days task can receive additional dividend share rewards. Specifically, for contract trading, completing 15 days or 25 days can earn up to an additional 15 shares; for spot trading, completing 10 days or 15 days can earn up to an additional 10 shares. Users who meet the trading volume conditions and achieve a net deposit of 50,000 USDT during the event period and maintain it for 15 days can also receive an additional 5 dividend shares.

According to CoinDesk, Bitcoin treasury company Strive announced that its perpetual preferred stock SATA will pay cash dividends on each trading day starting from June 16, becoming the first listed security in the history of the U.S. capital markets to achieve daily dividend payments.Strive CEO Matthew Cole described this move as "an innovation from zero to one." The annualized dividend yield of SATA is 13%, and after converting to daily payments, the effective annualized yield increases to approximately 13.88%. Currently, Strive has zero debt and holds 15,009 bitcoins, ranking ninth in global listed companies' bitcoin reserves.

Tria announced that the $2.25 million USDT cash rebate has been officially distributed to all eligible users, and you can claim it immediately by opening the Tria App.At the same time, Tria's second quarter rewards have been fully launched, including the distribution of 300,000 USDT + 40 million TRIA, with the third quarter approaching.

NEAR Intents announces an upgrade to its cross-chain exchange functionality, allowing users to directly exchange over 100 types of tokens for Zcash (ZEC) through a single transaction process.This upgrade is based on NEAR's intent-based infrastructure, abstracting complex backend routing logic to simplify the user experience for cross-chain interactions. By integrating Zcash into a broader exchange ecosystem, NEAR Intents targets users who wish to consolidate multiple token holdings into a single privacy-enhanced asset without needing to switch between multiple protocols or cross-chain bridges. This move demonstrates NEAR's ongoing commitment to advancing cross-chain interoperability through its Intents protocol.

According to monitoring by Lookonchain, trader Roaring Kitty (@TheRoaringKitty), who became famous during the GameStop short squeeze, deleted a tweet related to RKC after posting it, causing the RKC price to drop by 90%. However, the RKC developer has cashed out 6,260 SOL, approximately $611,000.The developer spent 20 SOL (about $1,950) using 10 wallets to purchase 395.18 million RKC, accounting for 39.52% of the total supply, and then sold all of it for 5,071 SOL (about $495,000). The developer also collected 1,209 SOL (about $118,000) through creator fees.

Marc, the head of cryptocurrency donations at St. Jude Children's Research Hospital, stated that the hospital received a donation of 0.5% of the total supply of ASTEROID tokens about two years ago. However, due to a lack of compliant exchange channels at that time, the related assets have remained in the on-chain wallet.He mentioned that as the market value of ASTEROID rose from approximately $20,000 to over $150 million, the hospital's holdings were once valued between $500,000 and $1 million. To avoid impacting community liquidity, the hospital ultimately sold the related holdings in 12 batches over two days while continuously monitoring the liquidity situation.Marc stated that they ultimately exchanged for over 290 ETH, valued at approximately $676,000, and the related funds will be used to support the treatment and research of childhood diseases at St. Jude Children's Research Hospital.